How to Sell Your Home to Foreign Buyer
Think of selling your home fast and high price? Maybe you should cast a wider net and go after foreign buyers.
Foreigners are among the most eager buyers of residential real estate in the U.S., drawn by low prices and the weakness of the dollar, according to research by the National Association of Realtors. About 62% of foreign buyers pay cash, making them especially appealing at a time many U.S. shoppers are having trouble getting loans.
For the 12 months ended in March, foreign buyers picked up $82.5 billion worth of residential real estate in the U.S., up from $66.4 billion the year before, NAR said, with sales split evenly between nonresidents and recent immigrants. U.S. properties may be used as primary homes, vacation homes or investments.
About 55% of foreign buyers are from Canada, China, Mexico, India and the United Kingdom. Canadian buyers lead the pack, according for 24% of international sales, with Chinese second at 11%. About half of international buyers choose properties in Florida, California, Texas or Arizona. San Ramon is among attractive cities as top school district and high living standards.
How can you tap this market?
Find a real estate agent with experience in this market. Ideally, your agent will speak the language used by foreign buyers prominent in your area. He or she will have global marketing plan and global network to promote your home to foreign buyers.
Reasons to Choose Sam Lin
- Professional – With over 9 years experience and knowledge
- Local Expert– Know San Ramon Market and the Value of your home
- Global marketing plan and network – Chinese buyer channel and network
- Less Commission – Save your money
- Excellent Service – Many referral and repeat clients
I have helped many clients with happy results and I can help you too. Call me Today!